Currently the registration fee is free. To register, please visit https://www.trusple.com/. The same transaction fees are applicable as per each transaction initiated on OCBC Velocity.
Simplifying cross-border trade with China
Seamless cross-border trading for SMEs through a collaboration between OCBC and Trusple, powered by Ant Group.
OCBC X Trusple
SMEs can now trade securely among global partners with improved transparency, reducing delays in shipments and payments. Powered by Ant Group, Trusple is a blockchain-enabled platform that allows buyers and sellers in Singapore and China to trade between one another easily.
With this OCBC collaboration, SMEs can trade with verified suppliers and make secure payments via Trusple.
Features and benefits
Strengthen and diversify your supply chain
Access a large base of more than 6 million Chinese suppliers.
Easy payments
Linked directly to your OCBC Business Account, Autopay allows seamless transactions while you trade on Trusple.
Faster trade processes
Automate your trade processes on the blockchain, without the need for manual and complex paperwork.
Enhanced security
Enjoy increased transparency across the supply chain with Trusple’s blockchain-enabled smart contracts.
How to get started on Trusple
You will need to have an OCBC Business Account and be registered on OCBC Velocity.
Sign up for OCBC Velocity
Don’t have OCBC Velocity?
Apply for OCBC Velocity to perform your first trade finance transaction and manage your trade finance portfolio on the go.
New to OCBC?
Open your business account online instantly.
Additional information
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Disclaimer
All views or information expressed or provided herein are for information and/or discussion purposes only, and do not constitute advice from OCBC Bank. Such views or information do not take into account the specific objectives or needs of any particular person. Before making any decision, please seek independent advice from professional advisors.
No representation or warranty whatsoever (including without limitation any representation or warranty as to accuracy, usefulness, adequacy, timeliness or completeness) in respect of any information provided herein is given by OCBC Bank and it should not be relied upon as such. OCBC Bank does not undertake an obligation to update any information or to correct any inaccuracy that may become apparent at a later time. OCBC Bank shall not be responsible or liable for any loss or damage whatsoever arising directly or indirectly howsoever in connection with or as a result of any person acting on any view or information provided.
You may be directed to third party websites. OCBC Bank shall not be liable for any losses suffered or incurred by any party for accessing such third party websites or in relation to any views or opinions expressed or any products and/or services provided by any provider under such third party websites.
FAQS
Common questions
Is there a fee to register and transact via Trusple?
What is Autopay?
Autopay is an automatic way to make cross-border payments to suppliers based on the pre-agreed payment conditions between the buyer and supplier on Trusple platform.
Who do I contact if I have payment issues?
Customers can contact our Business Banking Service Managers at +65 6538 1111. Our hotline is open from Mondays to Fridays, between 8am and 8pm. For Trusple related issues, customers should contact Trusple instead.
Does my China seller need to be an OCBC customer to use Trusple?
No, but your seller has to be a registered user on Trusple.